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Press Release

Cargotec Receives Significant Straddle Carrier Order from South Africa

8/31/2005

Kalmar, the business area providing container handling solutions within
Cargotec, has received an order for 53 straddle carriers from Transnet Limited
t/a South African Port Operations (SAPO). The straddle carriers will be
delivered to the ports of Durban, Cape Town and Port Elisabeth. The first
straddle carriers will be supplied in November 2005 and the deliveries will
continue into mid-2006. The value of the order is approximately MEUR 37.
The order extends the relationship of Kalmar and SAPO. SAPO aims to increase the
capacity of all the three ports to respond to growing demand. The Durban port
handles over 60 percent of the container traffic to and from South Africa. It is
the busiest port in the African continent.